Bilateral relations

Romania and Iceland maintain solid diplomatic and economic relations, based on their shared membership of the European space for economic cooperation and security.

• Iceland is a member of the European Economic Area (EEA) and the European Free Trade Association (EFTA), enabling broad market access for Romanian and Icelandic businesses.
• Diplomatic relations are supported through permanent cooperation mechanisms between the two countries.
• Iceland is represented in Romania through its accredited embassy, while Romania is represented in Iceland through consular structures and specific diplomatic mechanisms.

Trade between Romania and Iceland has grown steadily in recent years.

Although current trade volumes remain modest relative to the potential of both economies, they offer excellent prospects for growth and diversification.